Rising auto insurance rates can knock your budget out for a loop. But you don’t have to keep paying those costs. Here are some of the ways you could slash those expenses to keep you running well under budget:
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Ask for discounts. A lot of auto insurance companies actually offer discounts. But unless you ask for them straight out, it’s likely that the insurance officer won’t tell you a thing. So do your research. Know what offers you can take advantage of then call up your insurance company and ask about them.
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Use comparison portals. These days, with so much information shared and available online, you can pretty much look up the details of different insurance companies and their rates. So compare prices and coverage from companies in the state you live in. Change insurance companies. Forbes says loyal customers are often victims of price optimization. If you notice your insurance rates are on a steady rise, you might want to put a call to your insurance agent and negotiate for better rates. If that’s not possible, then walk away and start looking for a new one. For auto insurance services in Sanford, you won’t have to look further than us. Insure with confidence with The Dawson Company. Our skilled insurance agents have 60+ years of experience in the field of insurance. Contact Us Today for a Free, Personal Insurance Consultation. At The Dawson Company we proudly serve the areas of Sanford and Lake Mary, FL by providing exceptional insurance coverage.
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Drive less, the Huffington Post suggests. Insurance companies base your insurance rate on whether you’re a policy risk or not. It’s the numbers game at work. The less miles you cover, the less chances you have of getting into an accident on the road.
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Declare your marital status. Married drivers often enjoy the lowest insurance rates. When you’re married and have kids, it tends to send out the message that you’re more careful behind the wheel than the average driver. So if you just got married, it pays to declare the change in your marital status as soon as possible so you can enjoy those lower rates sooner than later.
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Improve your credit score. Insurance companies often review your credit score. If you’ve got a bad record, they take that as a sign that you’re a credit risk, and so charge you higher rates. You could change that by looking into ways on how to improve your credit score.
So don’t let those rising premiums mess with your budget. Lower those rates with these tips and get your spending dollars back.
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